29.09.2011 - Australian commercial property foreign investment jumps as yields increase

Foreign investment in Australian commercial property jumped in the third quarter, drawn to high yields and low economic risks, CB Richard Ellis Group Inc. (CBG) said. Overseas buyers accounted for 41 percent of the A$2.49 billion ($2.45 billion) in commercial properties sold in Australia in the three months ended Sept. 30, according to preliminary data from Los Angeles-based CB Richard Ellis..............................................Full Article: Source

Print